The combined company will be one of the nation’s largest mortgage servicers
The founder and CEO of a bank allegedly bribed the disgraced Trump campaign chairman with $16 million in mortgages in a bid to land a top government post
As part of a regulator agreement, Ocwen will acknowledge misconduct and pay hundreds of millions toward homeowner aid.
U.S. homeowners suing mortgage companies once owned by a major bank won a $54.8 million class action lawsuit over excessive late fees.
The nation lost $6.3 trillion between 2007 and 2011, but total home values have increased for the past three years in almost every major metro area in the country. However, the average value of homes is still below its 2006 peak.
U.S. equities jumped 5% in the past three sessions as Fed Chair Janet Yellen said the central bank will likely hold key rates near zero at least through the first quarter, even as the U.S. economy strengthens.
The real estate market is going to continue to pick up; properties are still affordable and rates are still good. How do I get into this market? Should I do loans or real estate or both?
Could other states soon follow? Proponents claim the changes will cut costs for mortgage professionals in the state, while critics say they would dilute protections for borrowers.